Simply Inc
Simply, Inc. operates retail consumer electronics stores that sells Apple products and provide service by Apple-certified technicians in the United States. Simply, Inc. was formerly known as Cool Holdings, Inc. and changed its name to Simply, Inc. in October 2020. The company was incorporated in 1994 and is headquartered in Miami, Florida. On June 14, 2022, Simply, Inc., along with its affiliate,… Read more
Simply Inc (SIMPQ) - Total Assets
Latest total assets as of January 2022: $30.44 Million USD
Based on the latest financial reports, Simply Inc (SIMPQ) holds total assets worth $30.44 Million USD as of January 2022.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Simply Inc - Total Assets Trend (2002–2022)
This chart illustrates how Simply Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Simply Inc - Asset Composition Analysis
Current Asset Composition (January 2022)
Simply Inc's total assets of $30.44 Million consist of 43.8% current assets and 56.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.0% |
| Accounts Receivable | $1.57 Million | 5.2% |
| Inventory | $8.09 Million | 26.6% |
| Property, Plant & Equipment | $14.27 Million | 46.9% |
| Intangible Assets | $1.78 Million | 5.8% |
| Goodwill | $699.00K | 2.3% |
Asset Composition Trend (2002–2022)
This chart illustrates how Simply Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Simply Inc's current assets represent 43.8% of total assets in 2022, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2022, up from 0.0% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 46.9% of total assets.
Simply Inc Competitors by Total Assets
Key competitors of Simply Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥114.75 Billion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
Simply Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Simply Inc generates 2.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Simply Inc is currently not profitable relative to its asset base.
Simply Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.62 | 0.60 | 2.85 |
| Quick Ratio | 0.24 | 0.25 | 2.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.23 Million | $ -7.51 Million | $ 10.07 Million |
Simply Inc - Advanced Valuation Insights
This section examines the relationship between Simply Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 17.87 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 23.1% |
| Total Assets | $30.44 Million |
| Market Capitalization | $608.38 USD |
Valuation Analysis
Below Book Valuation: The market values Simply Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Simply Inc's assets grew by 23.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Simply Inc (2002–2022)
The table below shows the annual total assets of Simply Inc from 2002 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-01-31 | $30.44 Million | +23.11% |
| 2021-01-31 | $24.72 Million | -11.22% |
| 2020-01-31 | $27.85 Million | +103.41% |
| 2019-01-31 | $13.69 Million | +10.80% |
| 2018-01-31 | $12.36 Million | -22.89% |
| 2017-01-31 | $16.03 Million | -23.62% |
| 2016-01-31 | $20.98 Million | -19.32% |
| 2015-01-31 | $26.00 Million | +25.81% |
| 2014-01-31 | $20.67 Million | -6.56% |
| 2013-01-31 | $22.12 Million | -15.60% |
| 2012-01-31 | $26.21 Million | -8.81% |
| 2011-01-31 | $28.74 Million | -56.73% |
| 2010-01-31 | $66.42 Million | +9.51% |
| 2009-01-31 | $60.65 Million | -33.84% |
| 2008-01-31 | $91.68 Million | +10.50% |
| 2007-01-31 | $82.97 Million | +124.02% |
| 2006-01-31 | $37.04 Million | +97.85% |
| 2005-01-31 | $18.72 Million | +47.42% |
| 2004-01-31 | $12.70 Million | +110.90% |
| 2003-01-31 | $6.02 Million | +55.68% |
| 2002-01-31 | $3.87 Million | -- |